- Shell’s Integrated Gas production for the third quarter is projected to range between 910,000 and 950,000 barrels of oil equivalent per day (boe/d).
- Upstream production is expected to be between 1.79 million and 1.89 million boe/d.
- The underlying operating expenses for Integrated Gas are anticipated to be between $1.0 billion and $1.2 billion.
- Upstream operating expenses are forecasted to be within the $1.9 billion to $2.5 billion range.
- Chemicals & Products sector is expected to incur underlying operating expenses between $1.8 billion and $2.2 billion.
- Significant increase in Integrated Gas trading and optimization is expected compared to the second quarter.
- Upstream adjusted earnings are likely to be negatively impacted by $0.2 billion to $0.4 billion due to the rebalancing of participation interests in Brazil.
- Marketing adjusted earnings are projected to surpass those of the second quarter.
- Improvements are anticipated in Chemicals and Products trading and optimization compared to the second quarter.
- The market consensus includes 18 buy recommendations, 9 hold recommendations, and no sell recommendations.
Shell PLC on Smartkarma
Analysts on Smartkarma have been closely following Shell PLC, with recent reports providing valuable insights. The IDEA! published reports highlighting various developments, including Shell’s decision not to resume construction of its biofuels facility in Rotterdam. Another report mentioned Labour’s readiness to approve a potential BP takeover by Shell, shedding light on the company’s strategic moves.
Additionally, The IDEA! covered Shell’s denial of exploratory talks with BP in another report, indicating the dynamic nature of the company’s interactions. These reports, with a generally bullish sentiment, offer investors a comprehensive view of Shell’s activities and potential implications on its market performance.
A look at Shell PLC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts utilizing the Smartkarma Smart Scores have assigned Shell PLC with positive ratings across key factors influencing its long-term outlook. With solid scores in Value and Dividend at 4 out of 5, Shell is viewed favorably in terms of its financial health and returns to investors. In addition, the company has received a respectable score of 3 for both Growth and Resilience, indicating a moderate but stable performance in these areas. Furthermore, Shell’s Momentum score of 4 suggests that the company is exhibiting strong market momentum, which could bode well for its future prospects.
Shell PLC, a global player in producing fuels, chemicals, and lubricants, has garnered favorable Smartkarma Smart Scores that reflect its overall positive outlook. The company’s robust Value and Dividend scores, combined with decent ratings in Growth, Resilience, and Momentum, paint a promising picture for its long-term performance. Operating worldwide and serving a diverse client base, Shell is positioned to leverage its strengths and navigate potential challenges to drive continued success in the petroleum industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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